YieldBlox DAO

DAO-managed money market on Stellar. $YBX

[YieldBlox DAO @YieldBloxDAO]

GM @PayPal 👋🏻

[YieldBlox DAO @YieldBloxDAO]

Jump in: https://t.co/LArUn3D2FK

[YieldBlox DAO @YieldBloxDAO]

The warmer temps have thawed the ice and the pool is back in action.

[YieldBlox DAO @YieldBloxDAO]

Proposal: Update YBX pool emissions to include only XLM and USDC

XLM: supply=15%, borrow=10%
USDC: supply=50%, borrow=25%

https://t.co/bcxSGogFf3

[YieldBlox DAO @YieldBloxDAO]

The proposal to remove collateral factor for EURC has passed and was executed on 4/30.

In ~1.5 day, the YieldBlox Pool will be updated to stop considering this asset as collateral.

If you are still borrowing against EURC at this time, you risk liquidation if your health factor becomes unhealthy.

Please check your positions!

For details, please see: https://t.co/NbKaxTnqn8

[YieldBlox DAO @YieldBloxDAO]

Proposal 47 - Deposit BLND-USDC LP tokens into YieldBlox backstop

Details/Vote: https://t.co/EZpUISa7tr

[YieldBlox DAO @YieldBloxDAO]

The voting period for Proposal 45 - Reduce USDGLO Collateral Factor to 0% - has started.

View: https://t.co/r7OksOJRSV

[Script3 @script3official]

For YieldBlox backstop depositors and those liquidated during the oracle manipulation on the community-managed YieldBlox DAO Pool:

For Backstoppers:
Remediation for depositors in the YieldBlox backstop has been fully distributed directly into affected accounts (wallets) via payment as of 18:40 UTC. Users should see their BLND-USDC LP token balance increase.

This remediation includes 1.45M BLND-USDC LP tokens distributed in proportion to a user’s share of the YieldBlox backstop at the time of the oracle manipulation.

For Those Liquidated:
As a reminder, there will be no remediation for those liquidated during the manipulation.

This distribution concludes Script3’s remediation effort in response to the oracle manipulation on the community-managed YieldBlox DAO pool.

[Script3 @script3official]

https://t.co/I0EX5mCP9s

[Script3 @script3official]

For users impacted by the oracle manipulation on the community-managed YieldBlox DAO Pool:

Remediation for depositors in the pool has been fully distributed directly into affected accounts (wallets) via payment as of 19:12 UTC with the memo “YieldBlox Pool Remediation.” Users should see their balance increase.

If an account interacts with the YieldBlox Pool through a wallet’s DeFindex integration, their remediation will be distributed by @PaltaLabs. Your ‘earn’ balance will automatically be updated to reflect the remediation.

If an account is affected but does not have the correct trustline(s), the remediation will appear as a claimable balance. After the correct trustlines are added, the remediation can be claimed.

If a remediation payment amount was under 0.01 XLM, 0.01 EURC, or 0.01 USDC, it was skipped.

Please check with your specific wallet provider if you have any questions.

This announcement does not apply to users affected by liquidations or backstop depositors - more information pertaining to those users will be shared at a later point.

Stay tuned for further updates.

[YieldBlox DAO @YieldBloxDAO]

@beyondthefud @DefimonAlerts Incorrect. YieldBlox DAO operates a money market built on @blend_capital. Blend operated as it should and so did the oracle it uses. The manipulation happened in the order books that the oracle used for pricing. No contract logic was exploited.

[Script3 @script3official]

Script3 is coordinating the remediation effort for users affected by the oracle manipulation attack on the community-managed YieldBlox DAO Blend V2 Pool.

At this we point we can share that all depositors in the YieldBlox lending pool will be FULLY COMPENSATED for any losses resulting from bad debt incurred by the pool.

What this means:

- All EURC, USDC, and XLM depositors in the YieldBlox Lending Pool will be fully compensated.

- For Wallets: Users depositing into the YieldBlox Lending Pool will be fully compensated.

- For Protocols integrated with the YieldBlox Lending Pool: Users will be fully compensated through the protocol team.

This announcement does not apply to users affected by liquidations or backstop depositors - more information pertaining to those users will be shared at a later point.

Stay tuned for further updates.

If you are an affected wallet or protocol and have questions or would like to discuss next steps, please reach out on the Blend Discord or DM us here on X.

[YieldBlox DAO @YieldBloxDAO]

More assets coming soon!

[Code4rena @code4rena]

The Reflector audit report is now published!

We appreciate the @in_reflector and @stellarorg teams for their strong commitment to the highest security standards.

Full report below!👇

[YieldBlox DAO @YieldBloxDAO]

@Allbridge_io @blend_capital

[YieldBlox DAO @YieldBloxDAO]

Tx: https://t.co/70qsui1xZ1

[YieldBlox DAO @YieldBloxDAO]

The DAO just claimed its last backstop emissions of 2025 and secured another $24,410 worth of value for the treasury.

In terms of $YBX token value - that means each tokens share of the treasury just grew by 1.26c. Not too bad for a monthly claim when YBX is trading at 23c. 😉

[YieldBlox DAO @YieldBloxDAO]

@dom_kwok Pot, met kettle.

[YieldBlox DAO @YieldBloxDAO]

New asset added! Who can spot the newb?

[YieldBlox DAO @YieldBloxDAO]

@blend_capital All your TVL are belong to me!

[YieldBlox DAO @YieldBloxDAO]

@lobstr @PayPal @StellarOrg Coming soon to your favorite lending pool.

[YieldBlox DAO @YieldBloxDAO]

@reka_eth @berry_is_trying @defindex_ @blend_capital https://t.co/LArUn3D2FK